SHOP - This Stock Could Be Your Second Chance at Shopify-Size Gains
Shopify (NYSE: SHOP) has produced some amazing gains for those investors willing to take a chance on the then-unknown name after it went public in 2015. From its IPO price of $17 per share to its first public trade near $28 to its present value of more than $1,000, this stock could have easily minted some new millionaires.
The problem: Most investors probably missed out on most of those gains. Unsure if the newcomer could truly help small businesses stand up to behemoth Amazon (NASDAQ: AMZN), or even eBay (NASDAQ: EBAY), it would have been easy to steer clear. Coulda shoulda woulda.
But, though the Shopify ship has already sailed, there's another name of the same ilk that could drive similar-size gains in a similar time frame. That's BigCommerce Holdings (NASDAQ: BIGC), which provides the same sort of e-commerce tools as Shopify for businesses that want to stay out of Amazon's sales and distribution silo.